The council is just about to release money held in a deposit Bond which I now have to protect in the DPS scheme. The Bond is held with the Council as such time the tenant pays the total amount of it, to them (spread over 2 years). At the time the deposit bond was 5 […]

Consumers looking to take out a holiday let loan to satisfy a rise in demand for UK holidays will find a notable rise in product choice since 2020. According to analysis by Moneyfacts.co.uk, there are now more than 200 deals available in this niche arena, treble that of August 2020 and a rise of 25% […]

My dad wants to create a limited company under mine and my brother’s name and then buy land with it. He plans on building something commercial and might take out a loan. He said he would put the land and company under mine and my brother’s name. This is just in the discussion phase, and […]

Ome is today launching a new platform for its members which will further improve the overall experience of deposit free renting and the customer journey for Ome’s Deposit Replacement members. The innovative new portal, which has been in development since the middle of 2021, follows extensive research into how to create a much slicker customer […]

The Court of Appeal in the case of NORTHWOOD (SOLIHULL) LIMITED and VICKY COOKE has found in favour of the Landlord and Agent: Click here to read the full judgement. The Solihull branch of agency chain Northwood tried to evict a couple who stopped paying their rent in 2019 using section 8. The tenants Mr […]

When looking for a comparison of typical Private Rental Costs v Income I struggled. The Tax return asks for number of properties [SA105 box 1], Income from rent & property [box 20], They ask for Expenses- rent, rates, insurance, ground rent [24] repairs & maintenance [25] allowable finance costs [26] legal, management, professional [27] Less […]

23% of private landlords faced rental income losses as a result of the COVID-19 pandemic. With those landlords affected almost twice as likely to sell property as those who were not, the National Residential Landlords Association is warning that the pandemic has exacerbated a supply crisis now facing tenants. A new poll by YouGov for […]

A landlord client has bought a probate sale property that is not quite dilapidated but is barely habitable (depending on your definition of ‘habitable’). There is central heating but no boiler. The place is filthy, and he intends to take the house back to the bare brick and completely remodel it, extending the square footage […]

While reading the new Welsh Contract holder regulations due to come into effect, it left me with questions, I have many but the main three are:- Firstly – Is it correct that tenants (sorry contract holders) can terminate a fixed-term contract at any time, just by giving 4 weeks notice? This seems stupid that the […]

Should you invest in Buy to Let (BTL) or property development as your property investment strategy? This video has the answer. Not only will I go through the advantages and disadvantages of Buy-To-Let and UK Property Development, but I also show you how you can reap the benefits of them both.

Hi – my letting and managing agent closed their local office and made the staff redundant, without informing me, or other landlords and tenants. They tried to keep it secret, by re-routing phone calls and emails and saying the local manager was away, but after much digging and delving, I managed to find out that […]

The court has granted me S21 possession, vacate date was 18 January. The tenants had promised to move out on 18 Jan, but again they lied, and still refuse to leave, and now this “blackmail” from them to lie to the council. Tenants texted to say they have viewed a few council houses, and the […]

As house prices continue to rise, demand for rental properties may well remain strong. The latest data from Moneyfacts.co.uk outlines what landlords and those interested in investing in the sector may face as we begin 2022. After a rise of 222 products month-on-month, the year began with 3,528 total products on offer to landlords, the […]

This last year has been an incredible one for Landlord Sales Agency. From entering the market as the top landlord portfolio exit specialists to delivering on our promises to Property118 landlords to sell their entire portfolios, we’ve seen success stories time after time. With so many landlords coming to us to sell their portfolios whilst […]

Luke Casey, one of Property118’s recommended finance broker team has recently structured a bespoke development loan to provide 87% of the purchase price on day one along with the entire build costs on a portfolio of 10 properties being converted into HMOs. The £6.6m loan was required to purchase a portfolio of 10 properties and […]

I am in the process of getting divorced and have 16 Buy to Let properties with my ex. The mortgages have been in place for a long time with great interest rates. How easy would it be for me to come off of the joint mortgages? It really is a minefield out there, and I […]

My mother died 5 years ago, and we jointly owned a property. I would very much like to now transfer this property to my other sibling. My question is would I have to sell it to him, or can I just give it to him as a gift? I do not want any monetary compensation, […]

I’m thinking about renting out my 2 double bedroom house in the future if we need to move for work. However, I’m trying to plan the economics of it for the different types of tenant make ups. I am wondering about renting it out as a house share with: one couple and one single adult […]

9% of private landlords renting to Universal Credit claimants have experienced at least one tenant having difficulties paying their rent post the Government cut to Universal Credit by £20 a week following a temporary increase in response to the pandemic. Following this announcement, a new YouGov poll of private landlords across England and Wales for […]

A continued shortage of new properties being listed for sale, despite a rise in new buyer enquiries, is still preventing a pick-up in sales volumes and house prices continue to increase, according to the December 2021 RICS UK Residential Market Survey. In a trend that has run over much of the second half of 2021, […]

I own a leasehold property with 85 years left on the lease. I am aware of proposed changes to the law around leases, but the changes haven’t been enacted by parliament yet. The question is should I press ahead now and negotiate an extension with the freeholder, or should I wait? Of course, I don’t […]